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20131202
20131210
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CNBC 28
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English 28
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CNBC
Dec 5, 2013 7:00pm EST
. >>> the clock is really ticking on obama care. we know millions of americans have already lost their insurance effective january 1st because of obama care. for those people and anyone else who wants to sign up for new policies and be covered on new year's day, the deadline is actually december 23rd. that's not far away. doesn't say much about the sticker shock of the premiums, even speaker john boehner experiencing that today. take a listen. >> my health insurance premiums are going to double. my co-pays and deductibles triple under obama care. i'm thrilled to death, as you can tell. >> next up, we talk about this fast approaching deadline, sticker shock and the threat to millions of seniors who may also lose their doctors. get ready, folks. we're just minutes away from the first ever "the kudlow report" youth summit. for real college kids, how about that, four real college kids are going to join me live on set to talk about what they think of president obama and obama care and whether they are going to sign up or not. you don't want to miss it. free market capitalism is the best path to prosp
CNBC
Dec 9, 2013 7:00pm EST
surprises from obama care. and this may be the topper. some people with pre-existing conditions, especially cancer patients, may be worse off because of the new law. >>> and sticker shock. deductibles are skyrocketing and that means huge out-of-pocket posts. and then get this -- 70% of doctors in california won't play in obama care. >>> also tonight, very senior, highly placed republican house source in washington, d.c. tells me the budget deal is close but the sequester will not survive intact and there will be a revenue package. >>> and finally, the fight for economic freedom gets even more intense overseas. look at this statue of linen toppled. this fight is not going away. all those stories and much more coming up on "the kudlow report" beginning right now. >>> i'm larry kudlow. this is "the kudlow report." first up tonight, a report that a majority of california doctors, as many as 70%, are staying off the state's obama care exchange because they can't afford to participate. that simple. and obama care, listen to this, it's offering medicaid reimbursement rates. look, around the countr
CNBC
Dec 2, 2013 7:00pm EST
to >>> team obama proclaims mission accomplished insisting the obama care website is working much better. but, is it really? only 100,000 people supposedly signed up successfully last month. we have breaking news on the continued breakdown of back-end payment-related communications with the insurance companies. in other words, all those folks who enrolled may not be enrolled. and the white house won't fess up. and none of this can hide the cold, hard fact, obama care is a bad product. its health plans cost more, provide less service and choice and it's a budget-buster for washington. you can bet this will be the number one issue of the 2014 elections and beyond. >>> as we begin the holiday season, we pay extra attention to pope francis' criticism of capitalism. his apparent view that the state will solve the problems of poverty, not the market. i must say, with the greatest of humility as a devout catholic, i completely disagree with his holiness. all those stories and much more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the ku
CNBC
Dec 3, 2013 7:00pm EST
this is about. first downs. there's always a >>> the daily dose of obama care failures and embarrassments keeps rolling on. yet president obama still holds another pep rally today for his ev ever faltering health care law. this time the pep rally had no pep. a new report says about a third of all the obama care enrollees may not be enrolled. that's the reported failure rate on the so-called back end information that is sent to insurance companies. in other words, thousands of the nation's fast food workers are set to strike tomorrow. they want a $15 minute wage but don't they know that would essentially kill theiras the move to automation moves ahead. which country is the most charitable? it's the good old usa and thanks to free market capitalism. i will explain all those stories and much more coming up on the kudlow report beginning right now. >>> good evening, everyone, i'm larry kudlow. this is "the kudlow report". we're here live 7:00 p.m. eastern, 4:00 p.m. pacific. it's getting harder and harder for grab to put a happy face on obama care. new problems keep popping up every day. maybe that
CNBC
Dec 4, 2013 7:00pm EST
, the millennials are abandoning him and obama care in droves. a new poll shows plunging support from young people. because the obama care website is in such bad shape, the government now has offered to bail out insurance company profit and losses, and in a possible second bailout, provide the insurers with guest estimates of health care subsidies. this whole story has gone haywire. all right? all of this and more coming up on "the kudlow report" beginning right now. >>> good evening, everyone. i'm larry kudlow. this is "the kudlow report." we're live here at 7:00 p.m. eastern, 4:00 pacific. president obama tries everything we can to get the attention away from the obama care, anything. today he went back to his old stand by, the rich. for more on the president's remarks about, quote, income inequality, end quote, let's bring in nbc's own steve handelsman. steve. >> reporter: larry, thanks. this was president obama trying to refocus on helping the middle class that he said relative to the rich was in a long, slow slide from the 1970s and seemed to be doing better when housing and wall street got s
CNBC
Dec 6, 2013 7:00pm EST
by $15 billion. maybe enhance their credibility. but the bad news for obama care is rolling in. the website is posting an abysmal failure rate when it comes to reporting enrollment and payments to insurance companies. it's still at a very high 10% and was just recently at an alarming 25% and you know what? it ought to be zero. and speaking of insurance companies are they getting bailed out like the banks? it sure looks like it. 65% of americans by the way are totally opposed to it. all those stories, much more coming up on "the kudlow report" beginning right now. good news is good news today. big jobs, big stock rallies. we have all the details. good evening. >> larry, plenty expecting a non-farm payroll report, but no one predicted the markets would react this week. there was worries that an improving economy would lead the fed to taper early, burr the stock market rallies big and the bond market barely moves. cyclical sectors were strong and even the interest rate sensitive groups had a good day. we closed at the highs. but what about the taper fears? remember bond yields had
CNBC
Dec 9, 2013 4:00am EST
, particularly since the fumble with obama care. the republicans may see an opening and may be a reason for them to try to get some things done. >> so, i mean, you talk about the farm bill. do they have a long way away on how much they want to trim from that? democrats want to trim 4 billion, represent can't want to trim 40 billion. this is from the food stamps department. yes, they're talking, which is a good thing. there's still a lot of distance. >> well, there's distance on the food stamp program and that's always the case. democrats, remember, those are more -- those are perceived to be more democratic constituents so they will want to do less, particularly in a mid-term election. i think you can get there, come together middle of the road, split the baby. this farm bill is important to republicans. that shows that the republicans are showing a lot more flexibility. they need a win more than the democrats need a win in this mid-term election particularly because they see that they may have the president and the democrats on their heel with obama care. if they can get a farm bill done and th
CNBC
Dec 9, 2013 6:00am EST
or later matter at this point in the game? >>> countdown to a budget deal. the future of obama care, we'll put the topics on the table for senator ron johnson of wisconsin who will be visiting us in studio today. >>> "squawk" goes shopping. we're going to find out if more consumers are starting to hit the mall. "squawk box" begins right now. >> good morning. welcome back to "squawk box." i'm andrew ross sorkin along with becky quick and joe kernan. the new american airlines group begins trading today under the the tickle -- ticker -- >> tickle? >> tickle me elmo. the merger between american airlines -- >> that's freudian. i'm going to come over and tickle you. >> closes this morning after a last-ditch appeal by consumer groups to delay the deal was denied by the supreme court. i'm sorry about that one. and the ceo of the combined airline, doug parker's going to join us next hour right here on "squawk box." and we're going to talk to him all about this tickling deal. >>> dow component mcdonald's will be a stock to watch. reporting november sales in about an hour from now. analysts survey
CNBC
Dec 3, 2013 9:00am EST
not only how obama care will eventually be phased in or whether it will be phased in at all, but what i'm interested in as a market guy is we're talking about 1/6 of the economy. whether you're for it or against it or you believe it's going to work or not going to work, in the end it's 1/6 of the economy, we're the world's leading business channel and it's in our wheelhouse. but one thing that seems to be going on today in it can that is not getting a lot of air time that i find rather fascinating is that the house judiciary committee is holding hearings and they're holding hearings on something rather, i don't know, maybe call it esoteric, maybe call it extreme but let's get to the crux of the matter and i'll get there through an analogy. let's say when we saw at the end of last year that the payroll walked out in january and said basically, listen, i'm going to take a swath of those people whose taxes are going to go up on the payroll tax and i'm going to delay that for a year, would that fly? i don't know that it would fly. we have a constitution and checks and balances. but let's ge
CNBC
Dec 2, 2013 6:00am EST
firm that did obama care. that's the one that they're using for -- you know, i hear my mother saying, you could put an eye out with that. you could put an eye out with one of these things, couldn't you? >> the place where you -- it would be way far away from everything. the place they're using it are where you're getting most orders, manhattan. that's insane. >> i've said that let's say we get the biggest business guest in the world, who is it? is it warren buffet, is it bill gates? >> right. right. >> our biggest business guest is not charlie sheen, is not as good as a d level lindsay lohan. >> right. >> so when d-- >> in terms of eye balls? >> yes. so when "60 minutes" decides to go slumming into our realm where they're doing business people. they get meredith whitney, she says the world is going to end. they need something big. jeff, we're thinking about putting you on. what have you got? >> give us something. >> yeah. >> i think laura logan said, hey, buddy, you were there. what's the biggest thing you've got? maybe that didn't happen n. this case i think they ask him, bezos, wha
CNBC
Dec 3, 2013 2:00pm EST
picture here, president obama talking health care at the white house. let's get to jonn harwood. >> the president is beginning a campaign to try to move past the difficulties of the website market the positive virtues of obama care. some of the things that have taken effect, such as letting people, kids stay on their parents policies until they're 26 years old. the refusal to let insurance companies bar people from insurance with preexisting conditions. but the president is also going to try to continue to push enrollment in obama care in these exchanges that are being run by the federal government in 36 states. they've got a goal of getting million people by the end of the enrollment period at the end of march. they have to have the right kind of people, that is so say, younger, healthier people to balance the less healthy people who are more expensive to insure. the president has a lot of challenges on health care even if that website gets fixed. we're not going to know how fixed it is until we see the enrollment figures are not only for mid december but beyond that over the n
CNBC
Dec 3, 2013 6:00pm EST
dose of obama care failures and embarrassments keeps rolling on. yet president obama still holds another pep rally today for his ev ever faltering health care law. this time the pep rally had no pep. a new report says about a third of all the obama care enrollees may not be enrolled. that's the reported failure rate on the so-called back end information that is sent to insurance companies. in other words, thousands of the nation's fast food
CNBC
Dec 2, 2013 6:00pm EST
that. i always like to >>> team obama proclaims mission accomplished insisting the obama care website is working much better. but, is it really? only 100,000 people supposedly signed up successfully last month. we have breaking news on the continued breakdown of back-end payment-related communications with the insurance companies. in other words, all those folks who enrolled may not be enrolled. and the white house won't fess up. and none of this can hide the cold, hard fact, obama care is a bad product. its health plans cost more, provide less service and choice and it's a budget-buster for washington. you cabe
CNBC
Dec 9, 2013 6:00pm EST
. >>> it's another day of bad surprises from obama care. and this may be the topper. some people with pre-existing conditions, especially cancer patients, may be worse off because of the new law. >>> and sticker shock. deductibles are skyrocketing and that means huge out-of-pocket posts. and then get this -- 70% of doctors in california won't play in obama care. >>> also tonight, very senior, highly placed republican house source in washington, d.c. tells me the budget deal is close but the sequester will not survive
CNBC
Dec 3, 2013 3:00pm EST
the push to get american to sign up for obama care. but is he jumping the gun with his website still not 100%? what about all those complaints over sky high premiums? up next we'll talk to former ubs chairman robert wolf who has been one of president obama's closest allies on wall street. >> apple shares on a roll after a strong started to the holiday shopping season. we'll hear from somebody who says investors should buy this stock now before it really takes off. >> and there's been a lot of buzz online and on social networks about that minimum wage discussion we had yesterday with the mcdonald's worker. take a lynn. >> have you asked for a raise before? >> i have and i was pretty much told it's going to come eventually. just wait. >> coming up former council of economic advisers says be careful what you wish for. raising the minimum wage will only end up hurting the very people it's intended to help. he's join us on the "closing bell." stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now.
CNBC
Dec 2, 2013 2:00pm EST
call. it's ducked in the past 12 months. competing for obama care, the number one most interesting stock in the market, j.c. penney? >> really? why? >> listen, i'm sick of it, too. it's the jacksonville jaguars of stocks, stinks, stinks, stinks, until the past month. >> even though it's leading the s&p, 30% of the shares outstanding are still sold short. so that's why -- and this is a make or break quarter and monday for j.c. penney. herb, i e-mailed you. the full story is on -- i e-mailed you the story, as usual you sent me back a few snarky remarks why i was all wrong about everything. what am i most wrong about? >> first of all, i am so sick of this story of j.c. penney. >> we agree. >> we agree 100% on that one, so let's just move on from j.c. penney. i don't want to hear it again. you know, what more can be set? that's the way i feel. yes, you're right in something you said. that was this december will make or break j.c. penney, but i think the theme that j.c. penney has with all these companies other than pioneer, they were all so washed out. in a market like this, where, you
CNBC
Dec 4, 2013 6:00am EST
the past several months is looking for effect of obama care. you did get strong growth in that 20 to 49 employee business size. but it's less than you had with smaller businesses and with larger businesses. are you seeing any pick up, statistical evidence of impact of obama care in numbers? >> no. none. i can't see it. in terms of the job creation or for companies that are around that key 50 employee threshold, i don't see anything. of course the employee mandate was delayed. maybe companies aren't going to react. they'll wait until next year this will they start to react. i don't see it in part time employment, hourly earnings. it's very difficult to see. now, it could also be the case going back to counter fact we don't know what the world would look like if obama care wasn't implemented. that's a tough argument to make. i just don't see it in the data. >> thanks for joining us this morning and bringing decent numbers along. >> yeah. i'm glad to do it. >> becky, back to you. >> all right. thank you. we'll see you back here soon. well done by steve and mark. >> generated above 200. >>
CNBC
Dec 5, 2013 6:00am EST
, republicans want to talk about obama care, they want to talk about other issues. they think they can beat up on obama and the democrats and don't want to get bogged down by shutdowns and debt limit fights. there's no reason to think stocks are too high because washington's going to kill everything. >> and maybe it was set so low because it was on the floor. >> you can't go much lower than they are. they can clear the bar for expectations which is no shut down. and maybe get the approval ratings in the 10% range, double digits at some point. >> one of the things we've been watching is what the fed's going to do next. how much do you think the fed has been responsible for this. and if the tapering begins, is that really something that takes the steam out of the market? not if it's just based on valuations like you've been talking. >> i have not been of the view that fed-driven liquidity is the sole support under the market. we touched on it a few minutes ago, there are many traditional fundamental supports, not least being simple gdp growth. and the base from which we came classic epic market
CNBC
Dec 4, 2013 6:00pm EST
growth. here's another big problem for president obama, the millennials are abandoning him and obama care in droves. a new poll shows plunging
CNBC
Dec 2, 2013 9:00am EST
that really isn't delivering and that's, of course, obama care and i will call it obama care. many call it the affordable care act because it's so unaffordable in its current shape. remember nancy pelosi and her comments if you want to know what's in it, you had to vote for it? there are so many of them. there's been work ongoing all weekend to try to come up with the final details says house speaker madigan's people. why do we elect people, put them on staff? if that's the way it is, i understand. i'm a pragmatic realist. in the end, i would think it's important that somebody reads it before they pass it because i think all the surprises in obama it's not fair to put many public workers back in this kind of gray area again. this is supposed to save $150 billion over the next several decades and all eyes will be focused on illinois because it's the worst and it's trying to get better. back to you, simon. >>> tweet time. jeff bezos reveals they are experimenting with drone-based delivery. the service amazon prime air could be ready in the next four or five years and could carry objects t
CNBC
Dec 4, 2013 1:00pm EST
i'm optimistic about. maybe an early budget deal, maybe obama care gets less messy. little optimistic maybe. maybe the economy gets better incrementally. here's the thing the thing is going to turn on. can janet yellen pull off the great deal, convince the world tapering is not tightening? does she have that power and influence? that's the wildcard. >> i don't think -- see i think the market will make that decision, because we've seen that with ben bernanke and the current fed. they've tried to say taper isn't tightening but the market is going to make that interpretation and that's going to be the struggle for the fed next year. >> the honeymoon will be very short, very short honeymoon for her. >> thank you very much. sue? >> ty, president obama speaking today about the wealth gap in the united states. should the wealthy worry? part of the story is how you the american taxpayer is now paying to keep many lower-level banking employees afloat while the executives make much better money and the pope has weighed in on all of this as well. talking about major and possible chang
CNBC
Dec 6, 2013 6:00pm EST
their credibility. but the bad news for obama care is rolling in. the website is posting an abysmal failure rate when it comes to reporting enrollment and payments to insurance companies. it's still at a very high 10% and was just recently at an alarming 25% and you know what? it ought to be zero. and speaking of insurance
CNBC
Dec 6, 2013 9:00am EST
always talking about big government and the problems with the obama care rollout. and if we can put it on the screen, here was his answer. and the challenge, i think, we have going forward is not so much my personal management style or particular issues around white house organization. it actually has to do with what i refer to earlier is, we have some of the big agencies, some of which are outdated, some of which are not designed properly. wow! that's the greatest news of the week. he's saying big government is like an old de soto at a time when we want to drive efficient sports cars. the only question i have is, isn't obama care just another one of those? back to you. >> all right, rick, thank you so much. rick santelli in chicago. >>> nobody puts baby in the corner without an -- without an ipad. [ laughter ] stay tuned for this, the latest in toddler technology in just a moment. hi honey, did you get the toaster cozy? yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to.
CNBC
Dec 6, 2013 3:00pm EST
/frank coming up. we have, obviously, obama care. is that going to possibly be a hindrance to growth and expansion next year or is it just going to be a stimulus for your line of work? >> you know, i don't know if it will be a stimulus for our line of work. but for the companies we work with, aca hasn't impacted them that much. they have more administrative costs, slightly, but it really hasn't impacted them that much because they all have 200 or more employees. dodd/frank, it's been a work in process for a long time. i don't know if there's anything necessarily today that's going to affect it. i think the one thing, the headwind is, potential more regulation as well. >> that's always going to be the case. >> always. >> when have you ever said, there's not enough regulation out there? what is your biggest headwind? >> our biggest headwind, i think, is the government shutdown potential, the debt ceiling issue. frankly, we need comprehensive tax legislation. and if we got that, i think it would make us all more competitive. certainly help our business, i'm sure. but those two or three
CNBC
Dec 4, 2013 3:00pm EST
business committee. he wrote an op-ed piece pointing out there's another small business problem with obama care. this one has to deal with the definition of employee. that's on top of new paperwork rules, new definitions. those are our top three right now. >> our viewers have their homework assignment during the break to go look that one up. thank you very much, sir. i hope my parents are watching because i know we have a couple of red gas cans in the garage. >>> coming up, merrill lynch was one of the largest financial snugs on wall street. up next, former chairman of merrill's international division, win smith on what led to their collapse during the financial crisis, of course it to be bought by bank of america. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ to help secure retirements and protect finan
CNBC
Dec 1, 2013 8:00pm EST
, president obama signed into law the much-debated health care reform legislation. the intent of the law is to slow the growth of medicare expenses, but none of the end-of-life issues raised in our story are addressed in the new law. in fact, the new legislation actually reduces medicare payments for hospice programs which studies have shown are very cost-efficient. our next story involves a widely used family of chemicals known as phthalates, which may be affecting our health and are found in everyday items like shower curtains, shampoos, perfumes, and even children's toys. in fact, our exposure to phthalates is so ubiquitous, we all have traces of the chemical in our bodies. even though phthalates have been used since the 1920s, a recent group of studies has shown that the chemical disrupts hormone activity and may be causing a slow and steady demasculinizing of men. and in 2009, congress followed europe's lead and banned certain phthalates for use in children's toys. congress came under pressure to act because of a study by dr. shanna swan, an epidemiologist at the university of roche
CNBC
Dec 3, 2013 4:00am EST
. >>> a revamp and a resale. president obama will try to make the case again to the american people for his health care reform program. it has hit several stumbles still launching in october. >>> as the british prime minister visits china, the country's polit bureau expands domestic demand and pushes forward its key reform. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> if you've just joined us stateside, u.s. futures are indicating a softer start after the close we saw yesterday. the s&p down nearly five right now. the dow is some, what, 35 points below fair value? the nasdaq at the moment is on fair value, just about the s&p 500 is around 3.5 points below fair value. european equities have been soft and we're down near the session lows. the cac 40 in france, up 1.5%. the italian market down 0.5%. meanwhile, u.s. vice president joe biden and the japanese prime minister shinzo abe have been giving a statement in tokyo. japanese prime minister abe saying we cannot accept china's one sided air defense zone over the east china sea throu
CNBC
Dec 3, 2013 6:00am EST
. >>> president obama wants to sell the american people on the relaunch of his troubled health care program today. he'll be starting speaking at 2:30 eastern time today. >>> let's check on the markets in anticipation of this. it wasn't too auspicious of a start yesterday. and again this morning, not so great, either. a lot of -- in the last two weeks, we have heard the word bubble like 100 times. so i don't know whether that initially just gets people to sell it off. it doesn't mean we're going down 5% or 10%, but at least it's starting with a little bit of trepidation. we have eight street weeks of gains, it probably wouldn't be surprising to not go nine. but down about 48 points is what we're looking at on the dow jones. the s&p is up 20% for the year. take a look at oil as we head into the all-important christmas season for retailers. people have a little more in their pockets as gasoline prices come down. the ten-year, which we always watch, given that some day somehow somewhere janet yellen is going to -- >> look at that. it's almost 2.8%. >> 2.8%. the dollar should be going up against these
Search Results 0 to 27 of about 28